The market form for a new drug in an area where there are no competitors is a.

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The market form for a new drug in an area where there are no competitors is

a. Perfect competition.

b. Monopolistic competition.

c. Oligopoly.

d. Monopoly.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 02:41 AM

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The market form for a new drug in an area where there are no competitors is a.

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d Monopoly Explanation Monopoly power is particularly ...View the full answer

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